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i~ FOR VAIUE RE~ElVE~, th~ u~d~rsi~ned, idntly snd severally, PROMISE TO PAY M th~ o~~er of
a _._._FB.I~tE~L_HA R.ITAKTS__3rid..QI.C~A._.HARI.TAKIS,---~ils--VUifE--•--••---------------•-._-~---_...- . . R
______T~i~T~EN_.THQLISAND__ FIZI.E...HTINDREII_,ANII__~Q 100r~r~`wwnwwa~www~ww.~ww.~w~OltARS, <
~t or such oth~~ place as the holde~ ~
henof ma de~ eat~~ in writin t ether with interest from -------FE:bi'Lt 3 --------15~5-- - - - - - - ~
~ Y 9 1 ~ 09 - ;
st th~ nb of psr centun~ ps~ snnum on the unpaid bala~ce until mstu~ity. The said p~incipal and i~te~est shall ~
be due and p~yable as follows: - "
$276.98 a month, the first pa.yment beinq due one month from date, and , ~
continue for each month thereafter until pa.id. This sum of $276.98 paid ~
each month shall, first be c ited to interest and the remainder to the ~
.principal of this obligation This note may be prepaid at any time without ~
penalty. , ~ ,
.
N d~~ar11 b~ msd~ fw •---.IcS- d~ps is fl~~ paynMnt e/ sar ins1~11 t o principsl er int~nst o~ ~nr paK ~M.~ef, tM whob su~w tM~ ~eaui~' ~
~~F unpai~ wi11~ iwNns~ sbsll N lald~rs optiew 6ecenw dw and payabl~ withow oti Fail~r~ M~:ercis~ snch eptiew shaH wof conslitut~ r wsiver of f
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~t. righ~ b~~KCis~ fM sa~ iw tM ~r~~~ ef srbsequ~uf d~fault. Albr inat ' bo1(~ rincipsl and accw~d int~nst shalt bear inler~sf at ZS 2 pe? cenlv
p~r i11pYA1 wNl paid. TM ~usk~n awd ~ndon~n of this not~ iu~h~r w v~ d~ d, nolic~ of new-paraMwt swd protesf. If this nele is not paid a~~
matwitp aaa 1M saw~ is plac~d with se snorn•r for collect~ew. tM mak~ aad ~nd INnoi +~~e~ to par ~II cosh ef coll~dioe, includiny all couef
~ coab awd nsww~bb ~ne.ar iNS. •
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- - - - . (SEAL) :
• - - - -
ain B. I~aurie - - ~
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Attest: - - - - (SEAL) :
` " ~ecile~ -Laurie
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and shall duly, promptly and fully pertorm, discharge, executP, effect, completP, comply wtth and sbide by each
and every the stipulations, agreements, conditions and covenants of said promissory note and of thie mortgage.
then this mortgage and the estate hereby created shall cease and be null ana vo~d.
It is understood that each of the worcls, "note." "mortgagor" and "mortgagee" respectively and the pron-
ouns referring thereto, whether in the singulsr or plural anywhere ln th18 mortgage, ahall be singular it one only
and ~hall be plural joinUy and severally, It more than one, and shall be masculine, feminine and/or neuter. wher-
ever the context eo implies or admita.
Md ssld Mortgagor tor himeelt and his heirs, legal representaUve~, successora and asslgns. hereby coven-
anta ana ag~ to and with aaid Mortgagee. hia legal repreaentativea, succe9sors and assigna:
1. To pay all and singular the principai and intereat and the varloue and aundry aums ol money payable by
virtue of said pmmissory note, and this mortgage. each and every. prompUy on the daya respectively the same
aeverally become due.
2. To pay all aad singular the txxea, assessments. leviea, liabilities, oDligation~ and incumbrancea ot everq
nature and kind now on said described property, and/or that hereafter may be imposed, autfered, placed, levied
or assessed thereupon, and/or that hereatter may be levied or assessed upon this mortgage and/or the indebted-
ness secured hereby, each and every, when due and payable according to law, betore they become delinquent,
and before any interest attaches or any penalty is incurred: and in so tar a9 any thereof ia o[ record the sams '
' shall be promptly satisfied and discharged of record and the onginal otficial document (auch as, tor inatance. `
~ the tax receipt or the satisfaction paper officially endorsed or certitiedl ahall be placed in the hand~ of said
Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and
f discharged, said Mortgagee may at any time pay the same or any part thereo[ wlthout waiving or affecting
~ any option, lIen, equity or right under or by ~ irtue of this mortgage, and the full amount of each and every
; such payment ahall be immediately due and payable and shall bear internst from the date thereof unt31 paid =
i at the rate oi ten per centum per annum and together wilh such interest shall be secured by the lien of this -
E mortgage. _
i ;
€ 3. To place and continuously keep on the butldin~s now or hereafter aituate on said land tlre and windstorm ~
~ :
; inaurance in the w~ual siandard policy ferm, in a sum not less than =--.-----~1~~~QU~-•------•--•••-•••. 1n auch com- ~
~ pany or comp^nies as may be approved by sai~l Mort~a~ce; and al) such insurance policies on any of eaid build- '
~ ings, any interest therein or part thereof, in the a~~re~ate sum a[oresaid or in excess thereof, shall contain the ,
~ usual standard mort~agee clause makin~ the loss ur.d~r said ~?olicies, each and every, payable to said Mortgar
gee as his interest may appear, and each ar.d e~•ery si~~•h policy shall be promptly delivered to and held by said
s Mortgagee; and, not less than ten davs in ad~•an~e of the expiration ot each pollcy, to delfver to said Mortgagee
; a renewal thereof, tot{ether with a receipt fnr the premium of an~h r~newal• and there ~hall b~ no such insur-
€ ance placed on any of said buildinRs, any interest lherein or part thereof, unles~ in the form end wlth the los~ ,
' payable aa atoresaid; and in the e~ent any sum o[ money become~ payable under auch poUcy or pollcies aaid
; Mortgagee shall have the option to receive and apply the same on account of the indebtedness aecured hereby or ~
a to permit said Mortgagor to receive and uce it or any part thereof tor other purposq without thereby waiving
~ or impairing any equity, lien or right under or by virtue ot this mortgage: and in the event eald Mortgagor ahall
for any reason tail to keep the said premie~s so inQ~md, or fail to deflver prompUy any of said policie~ of
~ insurance to said MortgaRee, or fail promptly to pay fully any premium therefor, or in any reapect tafl to per-
form, dLscharge, execute, ef[ect, complete, comply w~th and abide by thia covenant, or any part hereof, aeid Morig-
4 agee may place and pay for such in~urance or any part thereof without waiving or affectlng any option, lien,
' equity or right under or by virtue of thia mortgage, and the full amount ot each and every euch payment ahall
= be immediately due and payable ~nd ahall benr interest from the date thereof untU paid at the rate of ten per
1 centum per annum and together wlth auch interest shall ba eecured by the lien oi this mortgage.
Y 4. To permit, commit or aufter no waste. impairmeat or detetloratlon of aald propetty or any patt thenot.
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~ 6. To paq all and aingulsr the cwts, chargea and expenses, including reasonable lawyer's fees and coat ot
; abstracta of title. lncurred or pald at any tlme by said Mortgagee becaux and/or 1n the event of the fallurs
~ on the part ot the sald Mortgagor to duly, promptly and fully perforcn, dlscharge, ra[ecute, eKect, complete.
~ comply with and sbide by each and everq the atfpulatlone, agreements. condiUons and covenanta of said promis-
aory note, and thia mortgage, any or efther, and safd costs, charges and e~tpenses, each and every, shsll be im-
t mediately due and pnyable. whether or not there be notice, demand, attempt to coflect or suit pendtng: and the -
; h~U amount o! each and every such payment shall bear interest from the date tbereot untll pald at the rste of
ten per centum per annum; and all anid coets, charge~ snd ezpease~ eo incurred or pala, together with such in-
% tereat, ~haL bs secured bq ths llen of thi~ mortgage.
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